Download Tax Profit and Loss report Sharekhan

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Fatema Rasiwala

F&O Trading
ITR-3
P&L Statement
Trading Income

Sharekhan allows you to download your Profit and Loss Report online. It is the same as a Tax P&L report, and it is an essential document to calculate taxes on trading income. Traders have a “Trading Statement” that consists of a list of transactions undertaken by the person in various segments during a specific period. It consists of details such as:

  1. Date
  2. Time
  3. Script Name
  4. Purchase price
  5. Sale price
  6. Segment
  7. Quantity, etc.

These details then help determine the Tax liability.

Invested in Intraday?
Need to file your ITR? Let us help you out!
[Rated 4.8 stars by customers like you]
Invested in Intraday?
Need to file your ITR? Let us help you out!
[Rated 4.8 stars by customers like you]

Steps to download Profit and Loss Report from Sharekhan

  1. Log in to Sharekhan portal

    You can use this linksharekhan login

  2. Search for Scrip summary

    Do this from the search bar. You can view scrip summary separately for all the segments i.e Equity or F&O.sharekhan scrip summary

  3. Now you can now view your Scrip summary

    From the dashboard

  4. Click on the Excel sheet

    Click on download your scrip summaryequity scrip summary

Import Your Trades
File ITR Online

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Import Your Trades

File ITR Online

India’s fastest growing Tax Filing Platform

[Rated 4.8 stars by customers like you]

FAQs

Is tax audit compulsory for F&O loss?

Tax Audit is required when the turnover of a taxpayer exceeds Rs. 1 cr in a particular Financial year. It is also applicable if the net profit from such transactions is less than 6% / 8% of the turnover. Additionally, a tax Audit report can only be filed by a CA.

Is Trading Turnover same as Contract Turnover?

No. Contract Turnover is the sum of the purchase value and sales value. It is not applicable for income tax purposes. Trading Turnover or Business Turnover is the absolute profit i.e. sum of positive and negative differences. This turnover is to determine the applicability of the tax audit and the applicable ITR form. Therefore, Trading Turnover is different from Contract Turnover.

How does the Tax profit and Loss Statement help me?

This statement is used to calculate your Tax liability. Therefore, it is needed to file ITR 3.

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